Concentric Agriculture Inc.

Concentric Agriculture Inc. (previously: Inocucor Technologies Inc.), in connection with the first tranche closing of a Series B financing led by TPG ART

Client

Concentric Agriculture Inc.

Value

$38.8 million

Service

Emerging and High Growth Companies

Date Closed

March 2017

Industry

Life Sciences

Lead Office

Montréal


 

On March 10, 2017, Inocucor Technologies Inc. secured $38.8 million in the first tranche closing of a Series B financing. The round was led by TPG Alternative and Renewable Technologies (“TPG ART”).

Inocucor Technologies is leading innovator and producer of sustainable biological crop inputs. Their patented fermentation process aims to naturally improve crop yields, shorten growing periods, and strengthen the health and resilience of soils for farmers and greenhouse growers.

TPG ART is a growth-equity and late-stage venture capital vehicle of global alternative asset firm TPG. The fund seeks to invest in technologies to reduce environmental impact and promote resource efficiency.

Osler, Hoskin & Harcourt LLP represented Inocucor Corporation and Inocucor Technologies Inc. with a team consisting of Nathalie Beauregard (Corporate), Mark Brender, Alain Fournier, Paul Seraganian, Jennifer Lee, David Wilson (Tax), and Ziyi Shi and Guillaume Falardeau (Corporate).


Team
Mark Brender - International Tax Lawyer

Mark Brender

Partner, Taxation

Alain  Fournier

Alain Fournier

Partner, Taxation

Paul Seraganian - Cross Border Tax Lawyer

Paul Seraganian

New York Managing Partner

Jennifer Lee

Jennifer Lee

Partner, Taxation

David Wilson

David Wilson

Associate, Taxation